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R. Andrew Beck  
President & CEO, Senior Portfolio Manager
Mr. Beck serves as President and Chief Executive Officer for River Road.  Additionally, Mr. Beck serves as Co-Portfolio Manager for River Road’s Small Cap Value and Small-Mid Cap Value Portfolios.  Prior to co-founding River Road, Mr. Beck served as Senior Research Analyst and, later, Senior Vice President and Portfolio Manager for SMC Capital, Inc. (Commonwealth SMC).

Mr. Beck earned a B.S. in Finance from the University of Louisville and an M.B.A. from the F.W. Olin School at Babson College.

 

James C. Shircliff, CFA  
Chief Investment Officer
Mr. Shircliff serves in the role of Chief Investment Officer for River Road.  Additionally, Mr. Shircliff serves as Lead Portfolio Manager for River Road’s Small Cap Value and Small-Mid Cap Value Portfolios and as Co-Portfolio Manager for River Road’s Dividend All-Cap Value Portfolios.  Prior to co-founding River Road, Mr. Shircliff served as EVP, Portfolio Manager and Director of Research for SMC Capital, Inc., a registered investment advisor and affiliate of Commonwealth Trust Company (Commonwealth SMC).

Mr. Shircliff has 38 years of investment management experience.  He started his career in 1973 as Research Analyst for First Kentucky Trust, where he later served as Director of Research. In 1983, he joined Oppenheimer Management Company as Special Situations Analyst and, later, Portfolio Manager for Oppenheimer’s Target Fund.  In 1986, Mr. Shircliff joined Southeastern Asset Management (Longleaf Funds) as Partner, Portfolio Manager and Director of Research. In 1997, he joined SMC Capital, Inc., where he launched River Road’s Small Cap Value and Dividend All-Cap Value Portfolios.

Mr. Shircliff graduated from the University of Louisville with a B.S. in Finance.  He earned the Chartered Financial Analyst designation in 1978 and is a member of the CFA Institute and the CFA Society of Louisville. 

 

Henry W. Sanders, III, CFA
Executive Vice President & Senior Portfolio Manager

Mr. Sanders serves as Lead Portfolio Manager for River Road’s Dividend All-Cap Value Portfolios.  Prior to co-founding River Road, Mr. Sanders served as Senior Vice President and Portfolio Manager for Commonwealth Trust Company (Commonwealth SMC).  Additionally, Mr. Sanders served as President of Bridges Capital Management and Vice President of PRIMCO Capital Management.  He has also served as an adjunct professor of Finance and Economics at Bellarmine University.

Mr. Sanders holds a B.A. in Business Administration from Bellarmine University and an M.B.A. from Boston College. He earned the Chartered Financial Analyst designation in 1992, is a member of the CFA Institute, and is a member and past president of the CFA Society of Louisville.

 

Eric K. Cinnamond, CFA
Vice President & Portfolio Manager
Mr. Cinnamond serves as Lead Portfolio Manager for River Road’s Independent Value Portfolio. Mr. Cinnamond has 17 years of investment industry experience. Prior to joining River Road, Mr. Cinnamond served as Lead Portfolio Manager of Intrepid Capital Management’s Small Cap Strategy and as Co-Portfolio Manager and Analyst at Evergreen Asset Management.

Mr. Cinnamond holds a B.B.A. in Finance from Stetson University and an M.B.A. from the University of Florida.  He earned the Chartered Financial Analyst designation in 1996 and is a member of the CFA Institute.

 

Thomas S. Forsha, CFA
Vice President & Portfolio Manager
Mr. Forsha serves as Vice President and Co-Portfolio Manager for River Road’s Dividend All-Cap Portfolios.  Prior to joining River Road, Mr. Forsha served as Equity Analyst and Portfolio Manager for ABN AMRO Asset Management, USA, where he was responsible for management of the North American equity allocation of the firm’s Global High Income Equity Fund.

Mr. Forsha earned a B.S. in Finance from The Ohio State University’s Fisher College of Business and an M.B.A. from The University of Chicago Booth School of Business.  He holds the Chartered Financial Analyst designation and is a member of the CFA Institute and the CFA Society of Louisville.

 

Greg Deuser, CFA
Chief Risk Officer
Mr. Deuser serves as River Road’s Chief Risk Officer and is responsible for the firm’s risk management practices and new solutions research.  Mr. Deuser previously served as the firm’s Director of Research and Risk Management.  Most recently, he served as Portfolio Manager on River Road’s Long-Short Equity Portfolio.  Prior to joining River Road, Mr. Deuser served as Vice President & Portfolio Manager for National City and as Senior Portfolio Manager and equity partner with PRIMCO Capital Management.

Mr. Deuser graduated from the University of Louisville with a B.S. in Engineering.  He earned the Chartered Financial Analyst designation in 1992 and is a member of the CFA Institute and the CFA Society of Louisville. 
 
  

Matt W. Moran, CFA
Portfolio Manager
Mr. Moran serves as Lead Portfolio Manager of River Road’s Long-Short Equity Portfolio.  Prior to joining River Road, Mr. Moran held various investment positions at Goldman Sachs, Citigroup, and Morningstar.

Mr. Moran graduated summa cum laude from Bradley University with a B.S. in Finance and earned an M.B.A. from The University of Chicago Booth School of Business.  He holds the Chartered Financial Analyst designation and is a member of the CFA Institute and the CFA Society of Louisville.

  

J. Justin Akin
Portfolio Manager
Mr. Akin serves as Portfolio Manager for River Road’s Small Cap Value and Small-Mid Cap Value PortfoliosPrior to joining River Road, Mr. Akin worked with the firm’s founders at Commonwealth SMC as Equity Research Analyst for the Small Cap Value and Dividend All-Cap Value Portfolios.

Mr. Akin graduated from Centre College with a B.S. in Economics.  Mr. Akin is a member of the CFA Institute and the CFA Society of Louisville.
 
 

Daniel R. Johnson, CFA, CPA
Portfolio Manager
Mr. Johnson serves as Portfolio Manager for River Road’s Long-Short Equity Portfolio.  Prior to joining the Long-Short team, Mr. Johnson served as Senior Equity Analyst for the Small Cap Value, Small-Mid Cap Value, and Dividend All-Cap Value Portfolios.  Prior to joining River Road, Mr. Johnson served as a public accountant with PricewaterhouseCoopers.

Mr. Johnson graduated from the University of Kentucky with a B.S. in Accounting and a Masters of Accountancy.  He became a Certified Public Accountant in 2005.  Mr. Johnson earned the Chartered Financial Analyst designation in 2010 and is a member of the CFA Institute and the CFA Society of Louisville.

 

J. Alex Brown
Director of Research
Mr. Brown serves as Director of Research.  In this role, he is responsible for managing and enhancing the research efforts of the firm’s investment team.  Prior to joining River Road, Mr. Brown served as a Captain in the United States Air Force.  Most recently, Mr. Brown worked at Wachovia Capital Markets Investment Banking Group, where he provided strategic advice and executed transactions for companies and financial sponsors operating in the Consumer, Retail, and Food industries.

Mr. Brown graduated as a Distinguished Graduate from the United States Air Force Academy with a B.S. in Operations Research and earned an M.B.A. from Harvard Business School.

 

Erik M. Keener, CFA
Equity Research Analyst
Mr. Keener serves as Equity Research Analyst.  Prior to joining River Road, Mr. Keener worked on the Strategic Planning and Analysis Team at Accenture, where he served as a specialist focused on competitor and valuation analysis.

Mr. Keener graduated magna cum laude from the University of Notre Dame with a B.B.A. in Finance.  He earned the Chartered Financial Analyst designation in 2008 and is a member of the CFA Institute and the CFA Society of Louisville.

 

Andrew R. McIntosh, CFA
Equity Research Analyst
Mr. McIntosh serves as Equity Research Analyst.  Prior to joining River Road, Mr. McIntosh served as Structured Finance Analyst on a portfolio of subprime and second lien securities at AEGON USA Investment Management, LLC.

Mr. McIntosh graduated from the University of Iowa with a B.B.A. in Finance.  He earned the Chartered Financial Analyst designation in 2006, is a member of the CFA Institute, and currently serves as Vice President of the CFA Society of Louisville.

 

Ashley L. Abney, CPA
Equity Research Analyst

Ms. Abney serves as Equity Research Analyst.  Ms. Abney previously worked as Operations Specialist for the firm’s Operations and Compliance department.

Ms. Abney graduated from Centre College with a B.S. in Economics.  She became a Certified Public Accountant in 2008 and is a member of the Kentucky Society of CPAs.

 

John C. Watkins, III
Associate Equity Research Analyst
Mr. Watkins serves as Associate Equity Research Analyst.  Prior to joining River Road, Mr. Watkins served as Equity Research Associate at Fidelity Management and Research Company, where he focused on small cap medical device stocks.

Mr. Watkins graduated magna cum laude from the University of Notre Dame with a B.B.A. in Finance.  Mr. Watkins has passed all three levels of the CFA program and is an affiliate member of the CFA Institute and the CFA Society of Louisville.

  

Joe Van Cavage
Associate Equity Research Analyst
Mr. Van Cavage serves as Associate Equity Research Analyst.  Prior to joining River Road, Mr. Van Cavage served as Analyst at Intrepid Capital Management, focusing on small cap equities.

Mr. Van Cavage graduated from the University of Florida with a B.S. in Civil Engineering and an M.B.A. with concentrations in Finance and Security Analysis.  Mr. Van Cavage has passed all three levels of the CFA program.

  

Shane P. Connor
Associate Equity Research Analyst
Mr. Connor serves as Associate Equity Research Analyst for River Road.  He previously served as the firm’s Research Coordinator where he was responsible for compiling and managing historical and current investment data for River Road’s investment research team.

Mr. Connor graduated cum laude from The Ohio State University’s Fisher College of Business with a B.S.B.A. in Finance.  Mr. Connor is a Level III candidate in the CFA program.

   

Kristin S. Clark
Portfolio Coordinator
Ms. Clark serves as Portfolio Coordinator for River Road’s Dividend All-Cap Value team.  As a member of the firm’s Dividend All-Cap Value team, Ms. Clark supports its client service and portfolio management efforts. 

Ms. Clark earned a B.A. in Marketing from the University of Notre Dame and a Masters in Sports Administration from Northwestern University.